Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (CIF) - 2022
The average import price for sunflower seed stood at $5,352 per ton in 2022, surging by 525% against the previous year. In general, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($7,932 per ton), while the price for the UK ($1,145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $2,667 per ton, jumping by 77% against the previous year. In general, the export price saw buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($9,972 per ton), while the average price for exports to Tanzania ($1,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya
In 2022, after three years of growth, there was significant decline in purchases abroad of sunflower seed, when their volume decreased by -80.2% to 153 tons. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 689% against the previous year. As a result, imports attained the peak of 772 tons, and then declined markedly in the following year.
In value terms, imports of sunflower seed skyrocketed to $819K in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 294%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 41.3 | 340 | 723.2% |
| Argentina | N/A | 14.4 | 74.3 | 261 | 325.7% |
| United States | 0.8 | 2.3 | 6.7 | 87.2 | 377.7% |
| Netherlands | 0.1 | 0.2 | 0.5 | 65.5 | 768.5% |
| China | 0.7 | 8.4 | 14.7 | 18.6 | 198.4% |
| United Kingdom | 0.9 | 1.9 | 3.9 | 5.5 | 82.8% |
| Germany | 0.3 | 0.5 | 2.4 | 5.0 | 155.4% |
| Uganda | 2.6 | 16.7 | 296 | N/A | 967.0% |
| South Africa | 34.2 | 102 | N/A | N/A | 198.2% |
| Tanzania | 3.9 | 0.8 | 197 | N/A | 610.7% |
| Singapore | 1.6 | 4.6 | 14.2 | N/A | 197.9% |
| Others | 4.3 | 15.6 | 10.4 | 36.3 | 103.6% |
| Total | 49.4 | 168 | 661 | 819 | 155.0% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Kenya in 2022:
- Argentina (50.0 tons)
- Romania (42.9 tons)
- Netherlands (24.9 tons)
- United States (12.4 tons)
- China (11.2 tons)
- United Kingdom (4.8 tons)
- Germany (2.4 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya
After two years of decline, overseas shipments of sunflower seed increased by 364% to 278 tons in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of sunflower seed soared to $742K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 41.0 | 54.6 | 48.9 | 489 | 128.5% |
| Tanzania | 2.3 | 1.4 | 0.6 | 236 | 368.2% |
| Zambia | N/A | N/A | N/A | 15.4 | 0% |
| Belgium | 2.4 | 1.6 | 0.7 | N/A | -46.0% |
| United Kingdom | 31.3 | 19.5 | 6.7 | N/A | -53.7% |
| Portugal | 41.9 | 33.7 | 17.8 | N/A | -34.8% |
| Czech Republic | 6.8 | 4.5 | 1.9 | N/A | -47.1% |
| Italy | 22.5 | 8.1 | 5.3 | N/A | -51.5% |
| Others | 10.0 | 15.1 | 8.1 | 1.4 | -48.1% |
| Total | 158 | 138 | 90.0 | 742 | 67.5% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Kenya in 2022:
- Tanzania (221.8 tons)
- Uganda (49.0 tons)
- Zambia (5.0 tons)
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This report provides an in-depth analysis of the sunflower seed market in Kenya.
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This report provides an in-depth analysis of the global sunflower seed market.
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This report provides an in-depth analysis of the sunflower seed market in Kenya.
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This report provides an in-depth analysis of the global sunflower seed market.
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Global sunflower seed market is projected to experience significant growth in consumption and value over the next seven years, with an anticipated CAGR of +3.8% and +5.1% respectively. The market volume is forecasted to reach 73M tons, with a value of $72B by the end of 2030.
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Explore the top import markets for sunflower seeds, including Bulgaria, Turkey, Netherlands, Romania, and Hungary. Discover the import values and market dynamics of these countries in the global sunflower seed industry.
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This year, sunflower seed prices are forecast to remain stable due to record global production, which is to reach the highest level of 57.3M tons.
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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of sunflower seed production were Ukraine (X thousand tons), Russia (X thousand tons), Romania (X thousand tons), together accounting for X% of total output.
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The global sunflower seed market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013.
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Recently, thanks to Takii & Company, LTD (Takii Seed), Van Gogh's famous sunflowers came to life as a bright and radiant maze at Museumplein in Amsterdam, the Netherlands. The company is a sponsor of the Van Gogh Museum in Amsterdam, and became, in
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Romania dominates in the global sunflower seed trade, strengthening its position in the global exports structure from X% in 2007 to X% in 2014. It's main trading partner was France, where it supplied X% of its total sunflower seed exports, acco
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
